Your turn $-$ Problem #$4$

Yasmine's Diamonds has a beta coefficient of $1.$ Currently the risk$-$free rate is $2$ percent and the anticipated return on the market is $6$ percent. JJM pays a $$4\mathrm{.}20$ dividend that is growing at $1$ percent annually. Do not round intermediate calculations.

a$.$ What is the required return? Round your answer to two decimal places.

b$.$ Given the required return, what is the value of the stock? Round your answer to the nearest cent.

c$.$ If the stock is selling for $$108,$ what should you do$?$

d$.$ If the beta coefficient declines to $0\mathrm{.}8,$ what is the new value of the stock? Round your answer to the nearest cent.